IMF Staff Country Reports

Greece: Report on Observance of Standards and Codes—Fiscal Transparency Module-Update

Publication Date:

June 11, 2003

Electronic Access:

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Summary:

This paper presents an update to the Report on the Observance of Standards and Codes (ROSC) on Fiscal Transparency for Greece. Two important steps toward improving fiscal transparency since the last ROSC update were Greece’s subscription to the Special Data Dissemination Standard in November 2002, and participation in the preparation of the data module of the ROSC. Other steps included improving fiscal audits and the evaluation of budget expenditure, and measures in the recent tax reform to simplify the tax system.

Series:

Country Report No. 2003/158

Subject:

Budget planning and preparation Economic and financial statistics Financial statements Fiscal accounting and reporting Fiscal transparency Public financial management (PFM) Special Data Dissemination Standard (SDDS)